The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-05-04
STILL GOES ON INCREASING
More Realty Transfers Yesterday than
on Any Day Since the Boom Began.
The Aggregate Amount Over $4,000 for
Thirty-Two Sales-Instances of Remark
able Advances in theValue of Property.

circles since the boom began. Buyers thronged
the real estate Offices all day, and were anxious
to make moro purchases than they did. The
holders of the most desirable property feel conf
dent that now is not the time to sell. and cannot
be persuaded to put much of their property on
the market. However there is any amount Of
good property in trust, and it is nearly all on the
market. The property Of Fletcher & Sharpe is
still going rapidly, and at the present rate there
will be none of it left by the last of the week.
Receiver Wallace, yesterday, sold thirty lots in
McGillss subdivision to the Central Char Com
pany for $4,000. The sale was the largest Of
outlots Jet recorded The piece of ground
near the Atlas works. for which Mr.. Wallace
has been offered s., 900 more than the appraised
value is to be subdivided and sold in forty-foot-
front lots. By that means more than double
the appraised value it is hoped, be realized.
The boom something of God-send to the
depositors in the bank for the advantageous dis
posal of the real estate assures the creditors
much larger dividend than the receiver had
ticipated.
The Woodruff Place lots still continue to be in
demand. James w. Morris who. the latter part
of last week, bought number of lots there at
about 81, 900 each. yesterday sold to William
Deeter for 81, $780,
Three weeks ago NJ. H. Spades purchased
the Gale property on Massachusetts avenue for
s7,4OO. Yesterday he sold it to Nathan Morris
for SIS, 800 Mr.. Morris. after the transfer
made, offered handsome price for his bar
gain There are many similar cases.
Edward Schurmann yesterday sold eighteen
acres northwest of the city to John S. Lazarus.
for $l1. 762.
One lot in Woodlawn Place sold last even
ing for So OO0 The purchaser was James Os-
borne and the seller David A. Long. There
many other desirable lots in the addition that
offered for sale last week, but the owners
eo1 hcU rtln IA 1Tlna
enormous figures.
The recorders office was thronged with persons
yesterday afternoon, making deeds and lifting
mortgages. The abstract men are the busiest
persons in the city now. II haven't had time
go to dinner for week." said one, yesterday,
'.and have enough work ahead to keep me busy
for several days" The following transfers were
recorded yesterday:
VIM. Wallace, receiver, to The Central
Chair Company, 80 lots in McGill s sub
division Of square 81, in Indianapolis 500 10000
Harry Milli 5s T. trustee e, to aei In
A. Fletcher, jr's, northeast addition to 10000
Edward r. BIaden to Frank O. Wads-
worth. lot 299. in Vajens South Brook
side addition to Indianapolis 10000
Frederick Rand. receiver, to F. o. Wads-
worth. lot H. in Rand, receiver su6di-
vision of part of outlot 1o4, etc., all in coo ~
David 5. Ward and wife to benjamin p
Miner lot II in Allen s. Roofs north
addition to Indianapolis. --:-----.-- 100000
Martha j. Hamilton and husband to Ma
indianapoiis j.. pA.s - Ol'.o. 10000
Nicholas McCarty ct al. to BENZ F. Nor
gan lot 1913 in Mecarty's fifth West ,zooo
Harry J. Milligan, trustee. to Louis New
berger, lots 1 and 2 in Miigan's Park
Front addition to indianapolis: $4,000
Jacob Dye Milton Foand lot 16 in
Kellys subdivision of block 30 in Han
way & Hanna's Oak Hill addition to In ,ooo
Ei d1aisRD- Talbot to chas. \. wailing-
rsed sDi nn in Indianapolis 100000
Chas. A Wallingford to Elizabeth Tai $3.50
Milton H1o1 NJ NIL Lands 1l to Herman G. futile.
lot LA in VIM ]. Wiley's subdivision
of outlots 1872, 1913 and 1885, in Indian
VIM Wallace receiver. to Carrie L. Pray.
lots 81 and So in Bruce Place East
end addition to Indianapolis ----.--.-- $4,000
Lain lot 10 in block z. in S. A.
Fletcher. ir.'s, northeast addition to
Th ina'f P. Haughey to Moses G. McLain,
seven lots. in Ramsey's subdivision of
Hutchings e. Darnells Brookside addi-
VIM. Boatright to Allison c. Remy, part
of the west half of the northwest
quarter of section z, township IA, sooo
range east containing LOG rods; 5000
Horace r. Allen ct al. to Chas. REYNOLDS
ct al. twenty lots. in Parker & Han
ways southwest addition to Indianap- ,ooooo
M ar.s E. Reynolds to VIM. Reynolds 10!
81, in Fiscuss subdivision of part OF
i i1s m an Hslns0. - $4,000
11v iTn on nofl'sOn > 10000
'I Deeter ~ lot ii3 in woodruff Place - 10000
Louisa Williamson to Edward g. Cor.
nelus lot Is. in Cranes subdivision OF 600
outlot 15S, in Indianapolis ZEoo
Adair lot So in Edwards's subdivision
of block 10. in Johnsons heirs addi- ~,
Lorenz Schmidt to Daniel NJ. Ransdell,
lot 10 in Samuel MerrlIs subdivision
Ni o Mc Cart y to H. n. Clark, lots 81
an block g. Also lots % and "a
in 3, in Olleman ct ais Belmont
add to Indianapolis %oo.oo
Harry >. Milligan, trustee TO Edward
Lewis lots 5 and in square Il, in .
A. Fletcher, jr.s, northeast addition to .oooo
James aneAH r Gaslesdeid to Aioazo W. Kess-
Ter. lot p in square 10, in $: A;
ElsteneT 5.s' northeast aaa..'on 1880
Alonno ". Kessler to Charles Grout.
same tract last above Soo.oo
| Harry J. Migan. trustee, to Charles ,.
Grout. lots l. and in square ~, IN
s. A. Fletcher jr.'s' northeast addition 10000
David D. Long to James Osborne, lot 42s
dition to INDIANAPOLIS --.---.-: 2ooo-oo
| Charles NJ. Dickson to Emma j skinner
lot la, in McCartys third West-side - -
addition to Indianapolis ooo.oo
William Wallace. receiver to William +.
Hercd lot 50, in A E. Fletcher suo
| division of lots 81 and SO in A. E. and
Ingram Fletchers Oak Hill addition to ,oooo
william ihG Wallace receiver to William P
| Herod lots 81 and %. in block 2, in s.
A Fletcher jr.'s. northeast addition to 1900
Ed inaaps s pImn and wife to John S.
quarter of section %, township 16
! range 8 east. containing 1S S41O0
| Rebecca Porter and husband to Caroline
| Klener lots 15i. 155 and 156. in FL
liotts subdivision of outlet 156, in In
| Harry j. Mligau, trustee to Mikel Class,
lot Is III Milligan's Park Front addition
to Indianapolis -----------------.---- ZIo.oo
| Michael II. Spades and wife to Nathan
Oh; ot--' POI - $4,000
| f.o,vavancas rs. consderat;on $40 1914 90
IF people would only consent to sell, SAID
| real-estate man yesterday, 1.-The transfers lha1
would be recorded in a day would startie the
| people, There is doubt that buyers outnnm-
her the sellers two to one, and more are Gaming
| in every day Manufacturing men are begin
| ming to turn their attention this way. ana many